Average Ratings 4 Ratings
Average Ratings 0 Ratings
Description
Penny is a cloud-based Procure-To-Pay system. Beautifully designed and easy to use, penny digitalizes and manages your entire procurement cycle, from request to pay. Send RFQs, RFPs, and RFIs to multiple vendors, compare quotes, send POs, and even payment. penny was created to make a complicated process simple by combining all your organization's procurement requirements into a single intelligent system.
How can penny help your organization save time & money?
● Allocate, manage, and monitor budgets by expense accounts, projects, departments, location, teams, etc.
● Streamline procurement means that requests, approvals, and POs won’t be lost in emails or offline.
● The platform makes it simple to extract and track the history and records of requests and purchases.
● Product requests are more accurate through catalogs, avoiding purchasing errors.
● Reports and analysis can be extracted from the platform, giving you a consolidated data center for all your procurement activities.
● penny is cloud-based and was designed with ease-of-use in mind.
Our Action Board gives your team a user-friendly and simple experience.
Description
An enterprise Source-to-Pay procurement platform built by procurement professionals, combining deep domain expertise with purpose-built technology to transform complex procurement into connected, measurable business outcomes. Designed around the realities of enterprise procurement, the platform spans the full procurement lifecycle from intake, supplier management, strategic sourcing, negotiations, contracting, purchasing, approvals, invoicing, and spend analytics by handling direct, indirect, and services spend across the layered approvals and rules that define enterprise buying.
What sets procurEngine apart is the 25+ years of hands-on procurement experience, it reflects tested procurement logic and real operational patterns rather than generic templates. Digitizing procurement without stripping out the judgment teams rely on. Enterprises can adopt it modularly, starting where the need is greatest and expanding into Source-to-Contract or Procure-to-Pay over time, with ERP connectivity and configurable workflows built in from day one. AI is integrated into sourcing, supplier evaluation, negotiation, and spend visibility and is designed to sharpen procurement judgment, not replace it.
With 12+ years in service and trusted by 65+ enterprises, procurEngine serves organizations across manufacturing, EPC and infrastructure, healthcare, BFSI, retail and consumer goods, energy and other complex procurement environments. AgileApt Solutions, the company behind procurEngine, holds ISO 27001 and ISO 27701 certifications.
procurEngine's proposition is simple: procurement expertise, embedded in technology, to make procurement easier to execute, harder to bypass and more valuable to the business
API Access
Has API
API Access
Has API
Integrations
Fusion Software
NetSuite
SAP S/4HANA
Xero
Zoho Books
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Penny Software
Founded
2019
Country
Global
Website
penny.co
Vendor Details
Company Name
AgileApt Solutions
Founded
2014
Country
India
Website
procurengine.ai/
Product Features
Procure to Pay
Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Purchasing
Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
RFP
Bid Management
Collaboration
Content Management
Data Import / Export
Due Date Tracking
Knowledge Library
Progress Tracking
RFP Creation
RFP Responding
Requirements Management
Task Management
Templates
Vendor Management
Sourcing
Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management
Spend Management
Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management
Product Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management